Crowflight Minerals Inc.

Crowflight Minerals Inc.

March 07, 2005 07:00 ET

Crowflight Intersects Additional High Grade Nickel Intervals At Bucko Deposit, Thompson Nickel Belt


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: CROWFLIGHT MINERALS INC.

TSX VENTURE SYMBOL: CML

MARCH 7, 2005 - 07:00 ET

Crowflight Intersects Additional High Grade Nickel
Intervals At Bucko Deposit, Thompson Nickel Belt

TORONTO, ONTARIO--(CCNMatthews - March 7, 2005) - CROWFLIGHT MINERALS
INC. (TSX VENTURE:CML) is pleased to announce that the Company has
received assay results from diamond drill holes N-05-21A and N-05-021B,
wedges off the historical N-21 at the Bucko Deposit in the Thompson
Nickel Belt, as part of its metallurgical and in-fill drilling program.
Of significance is wedged hole N-05-21B, which intersected an
approximate 32 metre interval that included disseminated to semi-massive
sulphides grading 2.5% nickel and which included a high grade interval
grading 6.40% nickel over 7.6 metres (intervals are core lengths):



DDH # Length Nickel Copper
----- ------ ------ ------
(metres) (%) (%)

N-05-21A 7.2 2.49 0.15 (from 222.4 to 229.6 metres)

N-05-21B 31.7 2.46 0.26 (from 210.7 to 242.4 metres)
incl. 7.6 6.40 0.83 (from 224.8 to 232.4 metres)


Individual assays for the intervals are given in appended Table 1.
Platinum and Palladium assays are still pending. The original drill hole
(the hole from which hole BK-05-21A and B were wedged) N-21 contained
three zones averaging 2.93% nickel over 7.1 metres (from 201.6 to 208.7
metres down hole length), 3.62% nickel over 7.9 metres (from 226.6 to
234.5 metres down hole length) and 1.40% nickel over 4.8 metres (from
238.5 to 243.3 metres down hole length). Wedged holes BK-05-21A and B
intersected mineralization roughly 20 metres from any previous
intersection (N-16).

Results do confirm a number of historical assays from core drilling in
the top central portion of the Bucko Deposit, roughly 150 to 175 metres
from surface:

- Hole N-16 (20 metres north) intersected 5.44% nickel over 8.5 metres

- Hole N-5 (40 metres south) intersected 6.69% nickel over 3.0 metres

- Hole N-20 (40 metres above) intersected 1.50% nickel over 4.9 metres

- Hole N-14 (40 metres above and south) intersected 1.72% nickel over
8.7 metres

Core from diamond drill hole N-05-21B will be shown during the
Prospector's and Developer's Convention in Toronto at the Crowflight
Minerals Booth #2912 on March 7th and 8th in the Main Hall of the Metro
Convention Centre, North Building

Crowflight has an option to earn a 100% interest in the Bucko Resource
Block by completing a feasibility study, arranging financing and
bringing the deposit into production. To date a number of activities are
progressing to advance the project to the feasibility stage, including
resource block modeling, metallurgical testing, environmental and
geotechnical studies and mine design and milling to name a few (refer to
press release dated March 1, 2005).

A number of assays are pending on additional metallurgical and in-fill
drill holes on the Bucko Deposit, step-out (down-dip and lateral
step-out holes) holes at Bucko and exploration drill holes in other
areas being explored under the Crowflight-Falconbridge partnership on
the 440 km2 Thompson Nickel Belt ("TNB") properties. Assays from these
holes and other drill holes, as part of a 20,000 metre diamond drill
campaign on numerous targets across the TNB on several
Thompson/Birchtree-type targets, are expected to be released over the
coming weeks.

Qualified Person/Quality Control Notes

This press release has been prepared and revised by Mr. Jean Lafleur, P.
Geo., Crowflight's VP Exploration, a Qualified Person under the NI
43-101 guidelines, based on data provided by Falconbridge Limited. Fire
assays are performed at the ALS-Chemex laboratory in Vancouver on all
the samples for Gold and PGE's which undergo an ICP-AES finish and
Sodium Peroxide Fusion. All other metals undergo an ICP-AES finish.
Standards and blanks are submitted with each sample batch.
Falconbridge's Senior Geologist Robert Banville is the project's
Qualified Person for the assay database verification and validation
(QA/QC program).

Crowflight - The Base Metal Builder

Crowflight Minerals Inc. is a Canadian junior mining exploration and
development company listed on the TSX Venture Exchange. The company is
focused on Nickel, Copper and Platinum Group Mineral projects in the
Thompson Nickel Belt ("TNB") and Sudbury Basin. The company currently
owns and/or has under option more than 672 km2 of exploration and
development properties in Manitoba and Ontario.

In Manitoba, these properties include: (1) the Bucko Deposit where the
Company is conducting a feasibility study, and (2) an earn-in option on
ten highly prospective properties with Falconbridge Limited, including
four within 30 kilometres of the Bucko Deposit (Bowden Lake, Resting
Lake, Halfway Lake and Gonlin Lake), and six located 100 kilometres to
the north on the TNB Thompson North Project (Burntwood River, Birchtree
South, Birchtree North, Airport, Moak Lake and Strong Lake).

In the Sudbury Basin, these properties include: (1) the 100% owned AER
Kidd Project adjacent to Inco's Totten Deposit (10.1 million tonnes @
1.5% Ni, 2% Cu, 4.8 g/t PGE's), (2) the Airport Property (a 50/50 joint
venture with Millstream Mines Ltd.) located 4 km south, and on-strike,
with Falconbridge's Nickel Rim South Deposit (13.2 million tonnes @ 3.5%
Cu, 1.7% Ni, 0.8 g/t Au, 4.1 g/t PGE's), (3) the optioned (100% earn-in)
Mystery Offset Dyke Property and (4) the 100% owned Peter's Roost
Property.

Statements in this release that are not historical facts are
"forward-looking statements" within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995. Readers are cautioned that any
such statements are not guarantees of future performance and that actual
developments or results may vary materially from those in these
"forward-looking statements.



Table 1

Complete Assay Results from the Bucko Deposit Diamond Drill
Hole N-05-21A.

FROM TO LENGTH Cu % Ni %

199.3 199.8 0.5 0.04 0.93
199.8 200.6 0.8 0.10 1.13
200.6 201.6 1.0 0.03 0.87
201.6 203.0 1.4 0.18 0.86
203.1 203.6 0.5 0.44 5.81
203.5 204.3 0.8 0.19 2.59
204.3 205.5 1.2 0.11 2.07
205.5 207.0 1.5 0.07 0.10
207.0 208.5 1.5 0.01 0.02
208.5 209.5 1.0 0.01 0.01
209.5 210.6 1.1 0.01 0.01
210.6 211.9 1.3 0.01 0.08
211.9 212.3 0.4 0.17 2.07
212.3 213.6 1.3 0.02 0.25
213.6 214.0 0.4 0.04 0.81
214.0 215.5 1.5 0.01 0.07
215.5 217.0 1.5 0.07 0.50
217.1 217.5 0.4 0.05 1.30
217.5 218.4 0.9 0.04 0.26
218.4 219.3 0.9 0.06 3.18
219.3 220.3 1.0 0.01 0.27
220.3 221.3 1.0 0.01 0.03
221.3 222.4 1.1 0.01 0.17
222.4 222.7 0.3 0.07 0.61
222.7 223.6 0.9 0.44 1.86
223.6 224.2 0.6 0.43 8.57
224.2 225.7 1.5 0.10 1.08
225.7 227.2 1.5 0.02 0.51
227.2 228.5 1.3 0.07 0.86
228.5 229.6 1.1 0.13 6.71
229.6 231.0 1.4 0.03 0.09
231.0 232.4 1.4 0.01 0.02
232.4 232.7 0.3 0.01 0.34
232.7 234.2 1.5 0.09 1.55
234.2 235.5 1.3 0.06 1.03
235.5 236.8 1.3 0.06 0.97
236.8 237.8 1.1 0.07 3.36
237.9 239.0 1.1 0.03 0.96
239.0 239.5 0.5 0.06 0.84
239.5 241.0 1.5 0.04 1.02
241.0 242.4 1.4 0.10 1.35



Complete Assay Results from the Bucko Deposit Diamond Drill
Hole N05-21B.

FROM TO LENGTH Cu % Ni %

202.0 202.7 0.7 0.41 2.24
202.7 203.7 1.0 0.22 2.75
203.7 205.0 1.3 0.10 1.01
205.0 206.2 1.2 0.04 0.96
206.2 207.5 1.3 0.03 0.57
207.5 208.9 1.4 0.04 0.65
208.9 209.5 0.6 0.03 0.33
209.5 210.6 1.1 0.02 0.30
210.6 212.0 1.4 0.09 1.47
212.0 213.1 1.1 0.06 1.17
213.1 213.8 0.7 0.03 0.99
213.8 214.8 1.0 0.01 0.43
214.8 215.4 0.6 0.04 0.51
215.4 216.1 0.7 0.05 2.10
216.1 217.1 1.0 0.10 1.63
217.1 218.4 1.3 0.01 0.07
218.4 218.8 0.4 0.08 1.68
218.8 219.8 1.0 0.04 0.91
219.8 221.0 1.2 0.01 0.36
221.0 222.5 1.5 0.03 1.74
222.5 223.3 0.8 0.12 0.62
223.3 224.8 1.5 0.11 0.24
224.8 226.3 1.5 0.99 2.40
226.3 227.5 1.2 0.17 6.51
227.5 228.1 0.6 0.46 6.54
228.1 228.9 0.8 4.51 3.46
228.9 229.6 0.7 0.54 12.50
229.6 231.0 1.4 0.12 7.93
231.0 232.4 1.4 0.20 7.70
232.4 233.9 1.5 0.02 0.09
233.9 235.5 1.6 0.02 0.09
235.5 236.6 1.1 0.36 1.86
236.5 237.5 1.0 0.07 3.22
237.5 238.5 1.0 0.14 2.75
238.5 240.0 1.5 0.09 2.14
240.0 240.6 0.6 0.18 1.85
240.6 241.5 0.9 0.15 1.72
241.5 242.4 0.9 0.05 0.88


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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Crowflight Minerals Inc.
    Stan Bharti
    President and CEO
    (416) 861-5876
    www.crowflight.com
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.